Organic Seafood Market Outlook
Organic seafood are edible aquatic products cultivated in adherence to various organic aquaculture methods. Its production practice prohibits the use of synthetic chemicals, pesticides, antibiotics and genetically modified organisms (GMOs) to mitigate potential threats caused by preservatives.
The global organic seafood market is expected to exhibit a CAGR of 5.78% during 2022-2027.
Some of the common organic aquaculture-based products include fish, shrimp, prawn, crabs, and scallops. Organic seafood is healthier and contain a higher nutritional value than conventional options. They are also gaining immense popularity across the globe as they help maintain the overall nutritional profile while balancing the ecosystem.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Organic Seafood Market Trends:
The increasing demand for organic seafood products can be attributed to the rising prevalence of several foodborne diseases, including calicivirus, and salmonella, caused by the presence of pathogens in conventionally cultivated seafood items. Moreover, favorable initiatives undertaken by governments to encourage sustainable aquafarming practices owing to the escalating environmental concerns is propelling the market expansion.
Apart from this, the growing awareness regarding the benefits associated with the consumption of organic seafood products and the extensive product utilization for manufacturing various consumer goods are supporting the market growth.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
The report has also analysed the competitive landscape of the market with some of the key players.
- Anova Seafood B.V.
- Artisanfish LLC
- Dom International Limited
- Glenarm Organic Salmon Ltd.
- Mowi ASA
- Mseafood Corporation
- Nueva Pescanova S.L. (ABANCA Corporación Bancaria, S.A.)
- Omarsa S.A.
- Pacific American Fish Company Inc.
- Royal Greenland A/S
- Thai Union Group PCL
- Trident Seafoods Corporation
- Tropical Aquaculture Products Inc. (Geneseas Holding S.A.)
Organic Seafood Market Segmentation:
The report has categorized the market based on product type, product form and distribution channel.
Breakup by Product Type:
- Fishes
- Salmon
- Pollock
- Tuna
- Others
- Crustaceans
- Crabs
- Shrimps
- Prawns
- Others
- Molluscs
- Scallops
- Oysters
- Others
- Others
Breakup by Product Form:
- Fresh
- Frozen
- Canned
- Chilled
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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